Chinese → English transcript

Why doesn’t the U.S. dare to attack Iran?

Because China has set a bottom line for the U.S.: you cannot attack Iran.

Attacking Iran means making yourself an enemy of China.

Iran is the core hub of China’s Belt and Road Initiative.

If Iran is thrown into chaos, China’s Belt and Road will be thrown into chaos.

This is a core interest of China,

so China, Russia, and Iran are called the China– Russia– Iran trilateral alliance.

Even though we don’t have a formal military alliance,

we are all in the SCO.

Besides being an economic alliance,

the SCO is also a military alliance.

It’s the same thing: the U.S.

has its own circle, and we have our own circle of friends.

China has said you cannot attack Iran.

If you attack Iran, you are cutting off China’s Belt and Road.

And China and Iran have now signed a twenty- five- year cooperation agreement,

right? We are going to build a model project in the world.

What kind of model? China puts up the money to help Iran with construction,

and Iran uses its resources to trade with China. We will help Iran build an

entirely new- era Iran.

We help you with your domestic infrastructure construction, including subways,

including high- speed rail, including a whole series of projects,

and you do not even need to pay. What do you use directly to pay?

You can just use oil in exchange.

Once this opening is made,

there are many resource- rich countries around the world, right?

Countries with resources like Brazil,

and countries with resources like South Africa.

They will all trade their resources with China.

So China will ship its endless stockpiled products abroad to reduce overcapacity.

And in return, China will get back an endless flow of the resources it needs.

China has grabbed hold of a single“ sheep” to shear, and that is how we play it.

U.S., even if you see it, what can you do? You still cannot fix it. Why?

Because the core of manufacturing is basically all in China.

Without China,

the whole world

cannot move.

Let me give the

simplest example.

Thirty- five percent

of the electricity used by Vietnam’s industrial economy is supplied by China.

Don’t be fooled by how developed Vietnam’s economy looks.

If China just switches off the power, Vietnam is done for.

If there is no electricity, how can you even talk about industrialization?

How can you talk about production?

People often see those trolls online talking nonsense,

saying Vietnam’s economy is very developed.

Developed my foot.

There is a county in Guangxi,

do you know which county?

Chongzuo. For Vietnam’s textiles,

shoes, electronics,

80% of all raw materials are imported from this one place in Guangxi.

The GDP growth

of this one

place is really…

This one place exports more than 20 billion U.S.

dollars a year.

Then you know where the vast majority of Vietnam’s stuff comes from, right?

China. Without Chinese raw materials and without Chinese electricity,

what industrialization in Vietnam are you even talking about? We have Vietnam by

the throat…

When you have time,

search“ Guangxi Chongzuo.”

Its GDP growth in recent years,

especially in the past ten years.

Look at how the data has grown starting from 2012.

Now can you understand why China wants to build the East Asia high- speed rail?

Basically we are helping Laos and Myanmar, helping,

what is it, Thailand, helping all along this Belt to build high- speed rail.

None of them makes money,

they even lose a bit.

Now do you know why? The high- speed rail itself is free,

but what does every high- speed train need to run on? Electricity.

There is only one truly powerful country in the world that possesses

electricity on that scale: China. And there is only one country that can generate

ultra- high- voltage power transmission. Which one? China.

Why is the United States so troubled?

Because our C919 large passenger jet has also taken off.

The C919 has a domestic content rate of 65%.

Many people say,“ Teacher Wang, we still buy other people’s engines,

we buy this and that from others.” That is completely normal.

Every product is already globalized, and China has already made it so that 65% of

all the aircraft components are produced in China.

This is already the greatest industrial achievement in the world.

Does American Boeing not use parts from other countries?

Does European Airbus not use parts from other countries?

Our reaching 65% is already a very,

very advanced level of manufacturing in the world.

That is why China has always emphasized the strategy of a late

starter striking back.

In networks we have already broken through to 5G.

And of course, for 6G’s core patent technology, who is still number one?

China is number one.

The United States originally wanted to team up with Japan and South Korea to skip

5G and go straight to 6G. But sorry, China is still number one in global

6G patents.

So now the U.S.

has no choice but to work on hardware,

on its underlying logic.

That is what we see today as AR, VR,

artificial intelligence, and its GPT.

So it wants to build a“ technology dollar” to replace the petrodollar.

Of course, not every country in the world can develop some GPT model.

So how many countries actually have that capability?

You just cannot play this game.

So apart from China and the United States,

no other country in the world even meets the entry threshold for this.

The entire Internet

has already been completely carved up by China and the United States.

Any country in the world— Britain, Germany,

including Japan and South Korea— has already completely lost in the Internet era.

Why is the United States anxious today?

Because China has already begun to surpass the U.S.

in core infrastructure communications.

Represented by Huawei’s 5G and 5.5G,

and the 6G that is about to appear.

China has not only failed to fall behind, it is not merely keeping up,

it is surpassing and leading.

Just like I once said a line before, I will not talk about anything

else like loving or not loving our country, I will just say this one thing.

If China did not have smartphone makers like Huawei,

do you know how much Apple would charge us for this phone?

If there were no companies like Huawei,

how much do you think the United States would sell chips to us for?

By the same logic,

if there were no JD.com in China,

no Taobao in China,

no Alibaba in China…

Without these localized e- commerce platforms,

do you really think American e- commerce companies would not enter China?

Do you think American e- commerce platforms will not squeeze and exploit our

industrial manufacturers?

Impossible.

So many people’s

awareness and

thinking are still

stuck in a very

backward time.

E- commerce was not invented by Chinese people, e- commerce was made big by China.

Why? This is

a historical

inevitability.